Right Share details of Neco Insurance Limited (NIL) for General Public

Neco Insurance Limited

Status:

Closed

Type:

Right Share: General Public

Company Details

Symbol

NIL

Sector

Non Life Insurance

Issue Details

Issue Units

50,30,902

Price

Rs. 100

Issue Amount

Rs. 50,30,90,200

Issue Manager

Sanima Capital Limited

Right Share Ratio

1:0.25

Timeline Details

Opens on

20 February 2025

Closes on

27 March 2025

Book Closure

31 January 2025

Statistics Details

Total Applicants

N/A

Applied Units

N/A

NIL Right Overview

Neco Insurance Limited (NIL) is issuing 50,30,902 (50.3 Lakh) units Right Share at 100 per unit for General Public. The issue opens from Thursday, February 20, 2025 and closes on Thursday, March 27, 2025. Sanima Capital Limited is the issue manager for this public offering. Interested applicants can apply from Meroshare or they can directly apply visiting the issue manager's office

Subscription Rate ( % )

0.00%

Allocation Probability

0.00%

Application Statistics:

No application statistics available for this issue.

Allocation Chance:

No allotment probability available for this issue.

Frequently Asked Questions About Neco Insurance Limited (Right Share: General Public)

How to apply for RIGHT SHARE of Neco Insurance Limited (NIL)?

To apply for an IPO in Nepal, please visit the Mero Share website, login and go to My Asba, or contact your bank, or Sanima Capital Limited, issue manager of this issue, for more assistance.

Who is the issue manager of Neco Insurance Limited (NIL) RIGHT SHARE?

The issue manager for Neco Insurance Limited (NIL) RIGHT SHARE is Sanima Capital Limited.

When is the last date to apply for the Right Share of Neco Insurance Limited (NIL)?

The last date to apply for the Right Share of Neco Insurance Limited (NIL) is March 27, 2025. If the issue remains undersubscribed, the closing date may be extended to .

How to check Right Share result of Neco Insurance Limited (NIL)?

To check the Right Share result of Neco Insurance Limited (NIL), follow these step-by-step methods:

Share Hub App (Recommended)
- Download the Share Hub app from the Play Store or App Store.
- Open the app and go to “Services” and then to “IPO Result” section.
- Search “Neco Insurance Limited” from company list, and enter your BOID to view the result.
- You can also choose from the saved BOIDs for easy access
Share Hub Chrome Extension
- Install the Share Hub Chrome Extension from the Chrome Web Store.
- After installation, pin the extension to your browser for easy access
- Open the Mero Share Login Page and save user details with their BOID
- Now open the Mero Share IPO Result website in your browser and you will see saved users and select the user
- Enter Captcha and click on "View Result"
Mero Share
- Go to the official Mero Share website.
- Login using your DP, username, and password.
- Navigate to the “My ASBA” section.
- Click on “Application Report” to view your IPO application status.
- Or visit Mero Share IPO Result, choose “Neco Insurance Limited” from company list, enter BOID, enter captcha and check your result.
Sanima Capital Limited
- Visit Sanima Capital Limited website.
- Look for the “IPO Result” or “Result” section.
- Enter your BOID to check the result.